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14900 Stonecroft Center Court

Ares Management Acquires Industrial Asset From Financial Management Group For $14.07M In Chantilly VA
SOLDIndustrial

Ares Management Acquires Industrial Asset From Financial Management Group For $14.07M In Chantilly VA

14900 Stonecroft Center Court

$14,072,358

$222/SF

Building Size

63,389 SF

Asset Type

Industrial

Closing

May 13, 2025

AI

The property asset involved in this transaction is an industrial asset located at 14900 Stonecroft Center Court, Chantilly, VA. The sale price for this property was $14,072,358, encompassing a total area of 63,389 square feet, resulting in a price per square foot of $222.

Summary of transaction details:

Key individuals in this transaction include Jack Levy and Bunny Escava, who represented the parties involved through KSR. This transaction reflects the collaboration among experienced professionals in the commercial real estate sector, assuring effective facilitation of the deal.

Players

Bunny Escava

Kassin Sabbagh Realty

Broker

$1.2B

vol

44 deals

Broker

Chantilly Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93